Hiring Tech SupportCollin County Community College (CCCC)has an ongoing problem that the electronic equipment in their classrooms and computer labs keeps malfunctioning and the repairs that are made seem to cause problems with some other aspect of the equipment.Due to its bureaucratic structure,CCCC has a hiring preference for their own students and it is only allowed to pay $15 per hour when the going rate is closer to $18 per hour.How does this contribute to CCCC's equipment problems?

Question

​Hiring Tech SupportCollin County Community College (CCCC)has an ongoing problem that the electronic equipment in their classrooms and computer labs keeps malfunctioning and the repairs that are made seem to cause problems with some other aspect of the equipment.Due to its bureaucratic structure,CCCC has a hiring preference for their own students and it is only allowed to pay $15 per hour when the going rate is closer to $18 per hour.How does this contribute to CCCC's equipment problems?

Renee D'Angelo · Accepted Answer

Final Answer : ​CCCC is a victim of adverse selection.Tech support staff members are of varying degrees of competence and expertise.Those who are more competent are better able to migrate to better paying jobs.Those willing to a take below market wage,are the ones who cannot keep better paying jobs.

Definitions

Learning Objectives

Learning Objectives

Related questions